Coinbase earned $ 2 billion in commissions

[guatazoo 7150]

On 3/11/2020 at 1:01 PM, bentayebsalah said:

My God it's big sums COINBASE is making through commissions and fees and I think the gains are great for this platforms

It is the first most earning exchanges after binance, it is old and trusted so that doesn't surprise me at all.

[Upright 2688]

Actually from this growth from the coinbase wallet, has really had good profits, but we've to also understand that they also had the work of having to make their wallet accepted from  the every countries financial jurisdiction

[Fedor00 74]

On 3/11/2020 at 12:01 PM, bentayebsalah said:

My God it's big sums COINBASE is making through commissions and fees and I think the gains are great for this platforms

Don't think that all of this money they made is profit. Because this is the overall earnings of their company, from which they have to pay taxes, fees, salaries and all the other things. 

[pablomarwan 3082]

In order to have this reputation in this field, it went through several stages and had to develop from itself into one of the most famous electronic wallets now known. To also make fictional profits. This is due to the people's trust in it, as well as I rely on it there are many portfolios in their reputation, but each differs from one to the other with a distinctive feature

[jamesvince 2389]

If coin base earned more then 2$ billions just from commissions then how much this exchange will earned from withdraw fee from customers of their exchanges because this is big exchange of crypto market therefroe many investors uses this platforms for buying and selling of their crypto market holdings.

[Calvinpriva 17296]

Thats good for them and they deserve it because coinbase its a good wallet and there are many people who are trusting it, though its not support all countries but they have good services.

[scorpiali 5626]

On 3/11/2020 at 12:06 PM, Jessica Karren said:

As the crypto world is a huge market this news is normal for me. It can be possible as CoinBase is one of the old and popular exchange. It can earn more then 2 billion dollars by commissions.

Right the crypto world is huge and anything is possible in this world who can imagine in 2009 that the bitcoin can be sold with more than 10k dollars 

[bitcoinb 1359]

We can also mention all the free coins they claimed (instead of members) with all Bitcoin forks: Bitcoin gold, Bitcoin Cash, Bitcoin Diamond, BitcoinSV... Than millions of USD..

[Ayush Singh 1175]

That was a great news coinbase is also a trusted wallet which provide a facilities to its users and due to receiving 2 billion dollar Commission I think it will try to facilitate more new features and will give also provide a good opportunity for its users to earn more from it.

[CryptoLover21 0]

Nice , both coinbase exchange , web wallet and mobile wallet are too good , the fees are very low , both for taker and maker and wallet fee for sending transactions  is also low 🙂 i have been using it from 2 or 3 years

[malik6314193 5449]

Yes coim base is one of best exchange forum of crypto currency. It will be true that they earn about $2 billion in commission. But question is that who pay this. 

[Rendra808 92]

Coinbase is huge enterprise and there has been masses of massive traders at there who willing to keep and change their crypto property so i didn't amazed if they business will worthwhile and that i think this now and again encouraged different groups to run crypto trade

[kadayakito 765]

I have faith in the Coinbase platform. It is large and secure platform. I don't use it but I hear a lot about it, mostly good reviews. 2 billion dollars in commission is great value. It can be seen that the volume of transactions here is extremely large. Truly this is a great success.

[Thekingcallme 1975]

It is normal for Coinbase to achieve this large amount due to the large fees that it imposes on its platform and this is what made him achieve these profits, but his popularity decreases with time because there are strong competitors for this site

[Jami273 2020]

It's really a great achievement for ccoinbase.And really it is so much worthy for it.Because coinbase is one of the best wallet of crypto currency and coinbase pro is the world's second best crypto exchange after binance.So in think in near future coinbase will be able to reach more bigger landmark.

[magd 5231]

Coinbase is a popular platform that has a large number of traders in addition to owning a special portfolio with a high level of security and therefore I find it normal for these profits to be from withdrawal and transfer fees but perhaps they mean platform and wallet fees as well

[bitcoinb 1359]

On 5/15/2020 at 4:49 PM, Thekingcallme said:

due to the large fees that it imposes on its platform

It's true! That's why I made a topic about "How to save fees on Coinbase". If you are member of Coinbase, you can login to Coinbase PRO with the same identifiants. You will save a lot of fees. Transferrinf funds between each platforms is free and instant.

[gourav789 2834]

this is pretty well to read that coinbase crossed 2 billion doller in their total worth as a commission in fees . coinbase is really a trusted platform as a result every Crypto user used it for making transcation , as a result coinbase touch this big level .

[BTC Future 3946]

2 minutes ago, BountyAirdrop said:

This does not meet me by any surprise as their trading fee is very high compare to what is obtainable on other reputable exchanges like KoinPro. You don't even need KYC to start trading here and the user interface is simple and direct

How is this exchange that is just a few months old more reputable than Coinbase. Are you serious? 

Just looked at your profile and you are spamming about that Koinpro trash in all your posts. I guess you know what is coming.

[Virgil dijk 1431]

Congratulations to the Coinbase exchange for earning $2 billion in commission, well it's not supprising because the coinbase exchange has existed for long and also it's a big and successful company and there could make their money from transaction fees.

[Jeet Narayan 1940]

Coinbase is very big crypto exchange and online wallet . Coinbase can earn lots of money from transaction fees . That is very good news for coinbase . It is very legit platform .

[ProjectJourneyman 170]

Coinbase rakes in huge fees from their main site, mostly from people new to crypto.  It isn't that hard to use Coinbase Pro for staggeringly lower (but still quite high) fees.

[Bohana 2143]

Well I better start a wallet then! That's a good amount of money and because Coinbase has so many users, this platform managed to earn so much money from fees.

[Crypto123 0]

On 5/30/2020 at 3:35 PM, Jeet Narayan said:

Coinbase is very big crypto exchange and online wallet . Coinbase can earn lots of money from transaction fees . That is very good news for coinbase . It is very legit platform .

I don't think this is good news for users, a lot of fees have been taken from users and therefore these wallets and exchanges should reduce fees a little. They are making millions of dollars behind these big fees.

[bitcoinb 1359]

On 5/30/2020 at 2:35 PM, Jeet Narayan said:

Coinbase can earn lots of money from transaction fees . That is very good news for coinbase

@Jeet Narayan  his is a good news for coinbase but not a good thing for users. When you exchange 20$ of cryptocurrencies on Coinbase, you pay almost 3$ of fees. We can also mention the following fact: they earned a lot of BTG and BCD after Bitcoin forks because they own the addresses use by members.

People who owned their private key were able to claim free coins after Bitcoin forks.